Trends - Spot gold - Business Recorder

Spot gold

Gold rises on softer dollar, but set for worst quarter in over 4 years

Gold is down over 9pc for the quarter and is on track for its worst quarterly performance since end-December 2016.

Updated 01 Apr, 2021 12:01am

Markets

Gold faces headwinds from strong China factory data

The International Monetary Fund will raise its forecast for global economic growth in 2021 and 2022 after last year's 3.5% contraction, IMF Managing Director Kristalina Georgieva said on Tuesday.

Published 31 Mar, 2021 11:52am

Markets

Dollar gains, global stocks slip as tech weighs

The stronger dollar and rising yields, along with expectations of a strong economic recovery, sapped demand for safe-haven bullion and pushed gold prices lower.

Published 30 Mar, 2021 11:50pm

Markets

Gold slides 2pc to near 3-week trough as U.S. yields surge

The dollar index jumped to a more than four-month high, making greenback-denominated gold more expensive for holders of other currencies.

Updated 31 Mar, 2021 12:05am

Markets

Gold hovers near 2-week low as US dollar rallies

British consumers reined in their borrowing at the fastest annual pace on record in February, according to Bank of England data.

Published 30 Mar, 2021 11:07am

Markets

US MIDDAY: Gold slides

NEW YORK: Gold slipped more than 1% to an over two-week low on Monday as a firm dollar and rising US Treasury yields...

Published 30 Mar, 2021 05:45am

Markets

Gold falls in Europe

LONDON: Gold slipped more than 1% to an over two-week low on Monday as a firm dollar and rising US Treasury yields...

Published 30 Mar, 2021 05:45am

Markets

Gold slides over 1pc as dollar, yields advance

Spot gold fell 1.1pc to $1,713.52 per ounce by 12:38 p.m. EDT (1638 GMT). U.S. gold futures fell 1.2pc to $1,711.60.

Updated 30 Mar, 2021 12:01am

Markets

Gold prices edge higher in Europe

LONDON: Gold prices edged up slightly on Friday but a stronger dollar and a rise in US Treasury yields still put the...

Published 27 Mar, 2021 05:41am

Markets

Spot gold looks neutral in $1,716-$1,746 range

A break below $1,716 could cause a fall into the $1,669-$1,691 range, while a break above $1,746 could open the way towards $1,761-$1,783 range.

Published 26 Mar, 2021 11:29am

Markets

Gold faces first weekly decline in three as US dollar rallies

Gold is often considered as a safe-haven investment at times of political andd economic uncertainties.

Published 26 Mar, 2021 11:24am

Markets

US MIDDAY: Gold sinks

NEW YORK: Gold fell on Thursday as US Treasury yields nudged up and the dollar hit a four-month high, denting the...

Published 26 Mar, 2021 05:22am

Markets

Gold gains in Europe

• Silver drops to over two-month low ROTTERDAM/LONDON: Gold gained on Thursday as lower US Treasury yields ...

Published 26 Mar, 2021 05:22am

Markets

Gold gains in tug-of-war between lower yields and firm dollar

U.S. benchmark Treasury yields continued their dip, translating into lower opportunity cost of holding bullion, after scaling one-year highs last week.

Updated 26 Mar, 2021 12:05am

Markets

Gold rises on Europe virus worries, stronger dollar caps gains

US Treasury yields dipped, with the market appearing to stabilise after benchmark yields reached one-year highs last week.

Published 25 Mar, 2021 11:55am

Markets

Spot gold remains neutral in $1,716-$1,746 range

The bias could be towards the upside, as the metal refused to drop sharply after failing to break a falling trendline.

Published 25 Mar, 2021 11:42am

Markets

Gold moves higher in NY

NEW YORK: Gold gained on Wednesday, taking an uptick in US Treasury yields and the dollar in stride, as the...

Published 25 Mar, 2021 05:08am

Markets

Gold shrugs off higher yields, dollar after Powell testimony

Spot gold rose 0.5pc to $1,735.24 per ounce by 12:48 P.M EDT (1648 GMT). U.S. gold futures gained 0.6pc to $1,734.90.

Updated 25 Mar, 2021 12:06am

Markets

Gold gains on lower US yields even as dollar holds firm

"Gold has support nearby at $1,720, and if the US dollar strengthens in Asia and Europe, it could test that level, prompting some stop-loss selling," said OANDA senior market analyst Jeffrey Halley.

Published 24 Mar, 2021 12:44pm

Markets

Spot gold neutral in $1,716-$1,746 range

A break below $1,716 could cause a fall into the $1,669-$1,691 range.

Published 24 Mar, 2021 11:42am

Markets

US Cash Grains-Corn, soy bids flat around Midwest

Cash prices remained within ranges that have been hit in recent weeks so growers who wanted to sell at that point already have done so, dealers said.

Published 24 Mar, 2021 11:41am

Markets

Gold prices little changed in Asia

SINGAPORE: Gold prices were little changed in Asian trade on Tuesday as investors awaited comments on US economic...

Published 24 Mar, 2021 05:10am

Markets

Gold slips as Wall Street gains sour appeal

Spot gold was down 0.3pc at $1,738.93 per ounce by 1:41 P.M EDT (1741 GMT).

Updated 23 Mar, 2021 05:11pm

Markets

Spot gold may retest support at $1,716

The downtrend is expected to resume.

Published 22 Mar, 2021 11:57am

Markets

Gold extends losses as US bond yields firm, dollar rebounds

The European Central Bank may need some time before the recently agreed acceleration in the pace of money printing, ECB President Christine Lagarde said on Thursday.

Published 19 Mar, 2021 10:06am

Markets

US MIDDAY: Gold slips

NEW YORK: Gold prices dropped on Thursday as a surge in US bond yields and a firmer dollar hammered bullion’s...

Published 19 Mar, 2021 05:32am

Markets

Gold gains after Fed maintains easy monetary policy stance

Asian stocks were set for modest gains.

Published 18 Mar, 2021 11:07am

Markets

US Cash Grains-Corn basis steady to firm, river soy basis easier

The corn basis firmed at a Blair, Nebraska, processing site a day earlier, and bids firmed on Tuesday at ethanol plants in Illinois and Indiana.

Published 17 Mar, 2021 12:00pm

Markets

Spot gold may test support at $1,716

A break could lead to a gain into a range of $1,761 to $1,783. On the daily chart, gold is riding on a wave 4, which is ending around a falling trendline.

Published 17 Mar, 2021 11:38am

Markets

Gold holds below 2-week high as investors await Fed decision

Palladium jumped about 5% and scaled to a one-year high of $2,520.31 in the preceding session.

Published 17 Mar, 2021 11:35am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.78
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 10	5222.68
India Sensex / May 10	72664.47
Tokyo Nikkei / May 10	38229.11
Nasdaq / May 10	16340.87
Hang Seng / May 10	18963.68
FTSE 100 / May 10	8433.76
Dow Jones / May 10	39512.84
Germany DAX 30 / May 10	18772.85

Item	Value
Crude Oil USD/Barrel / May 10	78.26
Gold Spot USD/Ounce / May 10	2360.50
Cotton US¢/pound / May 10	77.31
Petrol/Litre / May 11	288.49
Karachi Cotton PKR/37.32 KG / May 11	19935
Gold 10 Grams PKR / May 11	208762

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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